Consider the Following Problems: Overcrowded Public Highways, Overfishing in the Ocean

question 68

Multiple Choice

Consider the following problems: overcrowded public highways, overfishing in the ocean, polluted air, and the near-extinction of the wild rhinoceros. What do these problems have in common?

• A)Private markets could easily solve them if governments left the markets alone.
• B)They would all go away if the government sponsored an intensive public-information campaign.
• C)They are all the result of a failure to establish clear property rights over something of value.
• D)They are all the result of a failure of corrective taxes.

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Definitions:

Cro-Magnon Man

Cro-Magnon Man refers to the early European modern humans of the Upper Paleolithic period, known for their distinct skeletal features and association with early human art and tools.

Advanced Tools

Advanced tools refer to sophisticated equipment, software, or instruments used in various fields to perform tasks more efficiently, accurately, or innovatively.

Homo Habilis

An extinct species of early humans that lived approximately 2.1 to 1.5 million years ago, known for using stone tools.

Omnivores

Organisms that obtain energy and nutrients by consuming a diet made up of both plant and animal products.